Hellenic Postbank

Kontominas Out On 5M Euro Bail

Greece 's Alpha TV owner Dimitris Kontominas, one of 25 people arrested in a probe into 500 million euros in bad loans at the failed state-owned Hellenic Postbank was released from custody on Jan. 15 on five million euros...

Get Your Greek Arrest Scorecard Right Here!

Ho-hum, another day in Greece, another arrest. A hundred here and a hundred there and pretty soon you're talking real numbers. A quick calculation shows that at this rate, the government will have arrested every person in the country...

Varotsis Released for Postbank Fraud

Hellenic Postbank (TT) executive, Marios Varotsis was the first to be released after submitting his written statement. He is among 30 defendants arrested so far in the case of bad loans. Varotsis was released on condition that he post's bail...

Former Postbank CEO in Turkish Prison

Angelos Filippides, Greece's former CEO of Hellenic Postbank (TT) has been held in the Turkish prison of Maltepe since Saturday noon. He was arrested on Friday night in a hotel in Taksim Square, Istanbul, on an international warrant, in relation to...

Greek Scandal Bank Ex-Chief Caught in Turkey

As a probe into bad loans given out by the state-run Hellenic Postbank (TT) has allegedly discovered a widespread ring of officials handing out money to businessmen who pocketed it, the institution's former President,  Angelos Filippides was arrested in...

Three Arrested, Twenty-Five Charged in Greek Bank Fraud

New facts have come to light in the alleged fraud case involving Hellenic Postbank and loans granted to businessmen between 2006-2011. Since yesterday evening, Greek businessman Dimitris Kontominas was being treated for a respiratory infection at a private hospital under armed...

Ten Charged in Greek Bank Fraud

In yet another case of alleged fraud involving a Greek bank, at least 10 arrest warrants have been issued in connection with suspect loans worth more than 400 million euros ($543.8 million) given by Hellenic Postbank between 2006-2011, according...

TT Bank Split Gets The OK

Greece's more than century-old Hellenic Postbank faces a big change - over the protest of its workers - after the newspaper Kathimerini reported that Greece’s creditors approved a plan to have its healthy assets absorbed by the  Hellenic Financial...

Four Banks Make Non-Binding Offers for Hellenic Postbank

Three of Greece's largests lenders and a smaller bank made non-binding offers to acquire the healthy assets of the country's state-controlled TT Hellenic Postbank SA (TT.AT), a banking official familiar with the process said, as regulators move to wind...

Former PM's Brother Andreas Papandreou CDS Trade Involvement Reinvestigated

Financial crimes prosecutor Grigoris Peponis on Wednesday, July 11, called for additional investigation into the possible involvement of Andreas Papandreou, the brother of former Greek Prime Minister George Papandreou, in transactions involving credit default swaps (CDS) on Greek debt...